The market seemed to be shrugging off broad war concerns today at least, as players reckoned that corporate results for Q4 ended 31 March 2003 will turn out an improvement over previous quarters at least.
With summer almost here, Hindustan Lever on Tuesday claimed that it was ahead of Amul in the ice-cream market and said it will further consolidate its position with the launch of five new flavours.
Citing the continuing 'cyclical turnaround' in the economy and the 'positives' in Union Budget for 2003-04, mutual fund Franklin Templeton has said the FMCG segment was in for better times.
Hindustan Lever Ltd, which had launched an Internet-based rural information service i-Shakti in Andhra Pradesh, expects to set up over 1,000 such kiosks by the end of the year in the state.
As a market leader, the company will continue to see a spate of new competition going forward. Unless the demand outlook improves or the company finds new growth engines, cost-cutting measures alone will not be of much help.
Fast moving consumer goods company Hindustan Lever Ltd said on Friday it has sold 49 per cent of its stake in Quest International India Ltd to ICI India for Rs 54 crore (Rs 540 million).
In a bid to boost sales, Hindustan Lever Ltd and PepsiCo have formed an alliance to sell and distribute Lipton ready-to-drink tea and tea-based beverages in India.
Hindustan Lever on Monday reported a net profit of Rs 325.96 crore (Rs 3.25 billion) for the third quarter ended September 30, 2005 as against Rs 324.32 crore (Rs 3.24 billion) in the quarter ended September 30, 2004.
What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?
In line with its strategy to focus on core businesses and to rationalise existing brand portfolios, FMCG major Hindustan Lever Ltd has decided to exit from oils and fats business in India and Nepal.\n\n
Consumer goods major Hindustan Lever Ltd said on Friday that each of its mega brands is capable of generating a sale of Rs 1,000 crore (Rs 10 billion) in the foreseeable future.
The market is in a solid bull run and the daily gains seem to be a natural consequence.
Unilever president (Asia & Africa) Harish Manwani is to succeed M S Banga as the non-executive chairman of Hindustan Lever Ltd.
Pepsi and Hindustan Lever Limited joined hands in India to launch ice tea, a segment that's expected to grow into five to ten per cent of the Rs 6,000 crore (Rs 60 billion) carbonated soft drinks market.
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